Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$642,219$642,219$764,899
Remaining term (yrs)25.425.430.0
Secondary amount$0$122,680$0
Funding fee$3,211$3,211$0
Note rate3.690%3.690%7.320%
Blended rate3.690%4.381%7.560%
1st payment$3,235.41$3,235.41$5,254.33
2nd payment$0.00$817.87$0.00
Taxes / mo$708.24$708.24$708.24
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,160.32$4,978.19$6,332.21
Cash to close$207,669$84,989$84,989